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Given the experiences of Union Carbide in the past few years, I'm close to becoming a planning agnostic. I've decided the future is unknown and unknowable. I'm somewhere between bemused and regretful that all of the efforts of U.S. industry expended on the pursuit and logic of planning have not been able to preclude so many individual and collective failures of management judgment. The relative soundness of numerous businesses still, as always, depends upon the whims of exogenous fortune.

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